Skip to main content

Malaysia highway deal to receive funding

Funding is being secured that will help pay for the Sarawak Coastal Highway project in Malaysia. The State Government for Sarawak has set a budget of US$2.65 billion for four key infrastructure projects, including the highway, as well as the second state trunk road. All four of the projects are expected to start in 2019 and 2020. A number of Malaysia’s major contractors are reportedly keen to bid for the coastal highway project. The coastal highway project includes the construction of a number of bridges a
February 28, 2019 Read time: 1 min

Funding is being secured that will help pay for the Sarawak Coastal Highway project in Malaysia. The State Government for Sarawak has set a budget of US$2.65 billion for four key infrastructure projects, including the highway, as well as the second state trunk road. All four of the projects are expected to start in 2019 and 2020. A number of Malaysia’s major contractors are reportedly keen to bid  for the coastal highway project. The coastal highway project includes the construction of a number of bridges along the route.

Related Content

  • Australian road development plans
    June 19, 2019
    Financing worth over US$705 million (A$1 billion) has been secured for road projects in New South Wales, Australia. This budget is for the 2019-2020 period and will pay for over 40 separate road projects. One of the key road projects targeted in the programme of works is for the M4 Smart Motorway, connecting Parramattta and Penrith. The work to the M4 is expected to cost $75.75 million (A$107.4 million). Meanwhile in Adelaide, South Australia, plans are in hand for a $283.5 million (A$402 million) grade
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
  • Polish capital route project being planned
    September 9, 2019
    Route reviews are being carried out for a key Polish project. Poland’s highways authority, GDDKiA, is analysing the four potential routes for the S10 road, which will connect with Warsaw’s outer ring road, itself still to be completed. The different routes have estimated costs ranging from €5.34 billion to €5.99 billion and all connect with the A1, though at different intersections. Financing for the work should be secured by 2020, with tendering expected in 2025 and construction due to commence in 2026.
  • Kenya highway project receives Chinese funding
    May 2, 2019
    A key Kenyan highway project is being funded by Chinese sources. The JKIA-James Gichuru expressway in Kenya’s capital, Nairobi, is receiving a financing package worth US$505.5 million from China. The new expressway will be built by the Chinese contractor, China Road and Bridge Corporation (CRBC). The aim of the project is to reduce congestion on the existing Mombasa highway. The new link will also include lanes specifically for bus rapid transit (BRT) .